WCOUPU Committee Strengthens Trade Oversight for Crossborder Commerce

WCOUPU Committee Strengthens Trade Oversight for Crossborder Commerce

The WCO-UPU Liaison Committee plans to remove observer number limits to enhance openness and inclusivity, fostering broader participation and deeper exchange to address new cross-border trade challenges and promote global trade facilitation. This move aims to enhance the Committee's representativeness and expertise, leading to more effective cooperation and streamlined cross-border trade processes. By removing restrictions, the Committee hopes to encourage greater engagement from relevant stakeholders and contribute to a more efficient and collaborative international trade environment.

Zambia Implements Green Customs Rules for Crossborder Trade

Zambia Implements Green Customs Rules for Crossborder Trade

Zambian Customs actively participates in cross-border environmental regulation, building a comprehensive system through collaboration with various government departments and international organizations. They prevent illegal waste imports and promote trade in environmentally friendly technologies, ensuring a balance between economic development and environmental protection. Facing challenges such as insufficient cooperation and capacity building, Zambian Customs is striving to strengthen partnerships and enhance capabilities to contribute to sustainable development. They are committed to protecting the environment while facilitating legitimate trade.

Uzbekistan Boosts Trade with Faster Customs Clearance Study

Uzbekistan Boosts Trade with Faster Customs Clearance Study

Uzbekistan, with the support of the World Customs Organization and the Swiss State Secretariat for Economic Affairs, hosted a Time Release Study (TRS) technical workshop. The workshop aimed to strengthen capacity building, review action plans, and initiate the development of operational procedures and questionnaires. This initiative seeks to identify bottlenecks in cargo processing, enhance public-private cooperation, and streamline clearance procedures. Ultimately, the goal is to reduce trade time and costs, thereby improving Uzbekistan's international competitiveness.

EU and Taiwan Advance Trade Talks As Switzerland Exits

EU and Taiwan Advance Trade Talks As Switzerland Exits

The EU and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Taiwan) jointly proposed revisions to pre-shipment inspection (PSI) rules to facilitate trade. Switzerland's withdrawal from the co-sponsorship highlights differing interests. The proposal focuses on harmonizing inspection standards, ensuring process transparency, reasonable fees, and effective dispute resolution. Trade facilitation faces both challenges and opportunities, requiring international cooperation and technological innovation. This collaborative effort seeks to streamline international trade processes and reduce potential barriers.

Global Trade Committee Aims to Streamline Commerce

Global Trade Committee Aims to Streamline Commerce

To address international trade challenges, a Trade Facilitation Committee has been established to promote consultation, cooperation, and efficiency, ultimately enhancing global trade facilitation. The committee aims to streamline processes, reduce barriers, and foster a more seamless and efficient flow of goods and information across borders. By facilitating dialogue and collaboration among stakeholders, it seeks to identify and implement best practices to improve trade infrastructure and procedures, contributing to a more robust and inclusive global trading system.

US Proposes Faster Customs Clearance to Enhance Global Trade

US Proposes Faster Customs Clearance to Enhance Global Trade

The US-promoted "Express Clearance" program aims to simplify and accelerate customs clearance for international express shipments. It achieves one-hour express clearance through dedicated channels, customs-enterprise collaboration, and advance declaration. This initiative not only reduces trade costs and promotes trade growth but also enhances customer satisfaction and strengthens supply chain resilience. Businesses should actively understand the policies, optimize processes, strengthen cooperation, and embrace technology to seize opportunities and embrace the new era of international trade.

Liberia WCO Boost Customs Efficiency for Humanitarian Aid

Liberia WCO Boost Customs Efficiency for Humanitarian Aid

The World Customs Organization (WCO), in collaboration with the UN Office for the Coordination of Humanitarian Affairs (OCHA), conducted a mission to Liberia to enhance the country's customs capacity and facilitation in responding to epidemics and natural disasters. By assessing needs, strengthening cooperation, and developing standard operating procedures, the mission laid the groundwork for improving Liberia's humanitarian relief system. This initiative highlights the importance of international collaboration in bolstering disaster preparedness and response capabilities within the customs framework.

Southern Africa Enhances Customs Valuation Via WCOJICA Initiative

Southern Africa Enhances Customs Valuation Via WCOJICA Initiative

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) are jointly implementing the Customs Valuation (CV) Master Trainer Program (MTP) to create a professional and sustainable pool of CV trainers in Southern Africa. The third working group activity focused on developing training materials and enhancing practical skills. The WCO and JICA are committed to continuously supporting customs capacity building in the region, building an efficient and transparent customs valuation system, and promoting trade development.

Human Capital Investment Boosts Customs Efficiency in West and Central Africa

Human Capital Investment Boosts Customs Efficiency in West and Central Africa

The 9th Conference of Heads of Human Resource Management and Training of Customs Administrations of West and Central Africa was held in Ouagadougou, themed "Investing in Human Capital, Driving Performance." Representatives from 11 countries gathered to discuss human resource management reforms and drafted the "Ouagadougou Declaration," emphasizing strategic human resource management, investment in capacity building, and the importance of regional cooperation. Participants expressed gratitude for the World Customs Organization's support and looked forward to continued collaboration.

ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.